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D-2504-B 2 Bedroom Apartment For Sale in Kato Paphos
Ikarou, Kato Paphos, Cyprus
REF: 839421
€470,000
Description
Situated within a brand new and exclusive development in Kato Paphos, this modern and contemporary two bedroom apartment is the epitome of subtle sophistication. Featuring a spacious open plan living/dining and kitchen area, opening up to a large covered veranda, the combined space is perfect for entertaining and relaxation. Two well sized bedrooms and a large modern bathroom make up the remainder of this lavish apartment. The master bedroom benefits further from an ensuite bathroom. This sumptuous apartment also has access to the communal rooftop terrace and pool area, where breath-taking views can be enjoyed. The roof also has the added convenience of changing areas. It is the ultimate space to soak up the Mediterranean sun. With the property being within walking distance to the beach and a huge array of amenities makes this a great investment as a holiday let, long term-rental or a permanent residence. Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. Paphos is broken down into two parts Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars and nightlife in both the seafront and Harbour area as well as the old town. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program. The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the area s government institutions.
Situated within a brand new and exclusive development in Kato Paphos, this modern and contemporary two bedroom apartment is the epitome of subtle sophistication. Featuring a spacious open plan living/dining and kitchen area, opening up to a large covered veranda, the combined space is perfect for entertaining and relaxation. Two well sized bedrooms and a large modern bathroom make up the remainder of this lavish apartment. The master bedroom benefits further from an ensuite bathroom. This sumptuous apartment also has access to the communal rooftop terrace and pool area, where breath-taking views can be enjoyed. The roof also has the added convenience of changing areas. It is the ultimate space to soak up the Mediterranean sun. With the property being within walking distance to the beach and a huge array of amenities makes this a great investment as a holiday let, long term-rental or a permanent residence. Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. Paphos is broken down into two parts Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars and nightlife in both the seafront and Harbour area as well as the old town. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program. The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the area s government institutions.
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Currency Exchange
Ikarou, Kato Paphos, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €470,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €470,000 | £389,306 | £403,942 | £14,636 |
| Property Price € | €470,000 |
| Minimum cost in the last six months | £389,306 |
| Maximum cost in the last six months | £403,942 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,636 |
Ikarou, Kato Paphos, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €470,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €470,000 | £389,306 | £403,942 | £14,636 |
| Property Price € | €470,000 |
| Minimum cost in the last six months | £389,306 |
| Maximum cost in the last six months | £403,942 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,636 |
The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £14,636 more.
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